The Town with Matthew Belloni

FX Chief John Landgraf on Silicon Valley’s Effect on Hollywood

7 snips
Oct 28, 2024
In this engaging discussion, FX Networks Chairman John Landgraf and Bloomberg's Lucas Shaw dive into the chaotic world of television. They explore the oversaturated market and how streaming platforms are influencing content quality. Landgraf shares insights on Silicon Valley's impact on the entertainment industry, urging a focus on quality storytelling amidst the chaos. They also revisit recent rankings of studios and streamers, debating their roles in shaping cinema in 2024—all while maintaining a captivating dialogue that highlights the changing landscape of media.
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INSIGHT

Oversaturation of the TV Market

  • The oversaturation of the TV market is driven by increased production for cable subscriptions and the rise of streaming services.
  • This unsustainable model makes it difficult to track and evaluate all the shows being produced.
INSIGHT

Why Peak TV Happened

  • Wall Street's pressure on media companies to enter the streaming business exacerbated the overproduction of TV shows.
  • John Landgraf's "Peak TV" prediction was inaccurate because he didn't foresee every media company chasing streaming, leading to an unsustainable volume of content.
INSIGHT

Impact of Show Volume on Quality

  • The sheer volume of shows produced in the peak TV era has negatively impacted quality due to time constraints and a focus on speed over creative ambition.
  • The industry's emphasis on rapid production, driven by streaming platforms, hinders the time and patience required for high-quality television.
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